Equity research analysts expect Huron Consulting Group Inc. (NASDAQ: HURN) to post earnings of $ 0.77 per share for the current quarter, Zacks Investment Research reports. Three analysts provided earnings estimates for Huron Consulting Group, with the highest EPS estimate being $ 0.79 and the lowest estimate being $ 0.75. Huron Consulting Group reported earnings per share of $ 0.45 for the same quarter last year, suggesting a positive year-over-year growth rate of 71.1%. The company is expected to release its next results on Tuesday, February 22.
According to Zacks, analysts expect Huron Consulting Group to report annual earnings of $ 2.58 per share for the current fiscal year, with EPS estimates ranging from $ 2.56 to $ 2.60. For next year, analysts predict the company will report earnings of $ 2.97 per share, with EPS estimates ranging from $ 2.90 to $ 3.05. Zacks’ EPS averages are an average based on a survey of research analysts who follow Huron Consulting Group.
Huron Consulting Group (NASDAQ: HURN) last released its quarterly results on Monday, November 1. The business services provider reported earnings per share (EPS) of $ 0.78 for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.75 per $ 0.03. Huron Consulting Group achieved a return on equity of 9.21% and a net margin of 2.98%. The company posted revenue of $ 224.01 million for the quarter, compared to analysts’ estimates of $ 230.08 million. During the same period of the previous year, the company achieved earnings per share of $ 0.59.
A number of equity analysts have recently weighed on HURN stocks. Zacks Investment Research downgraded Huron Consulting Group from a “buy” rating to a “maintain” rating in a research report released on Wednesday, November 17. TheStreet downgraded Huron Consulting Group from a “c” rating to a “b-” rating in a research report released on Wednesday, November 10. One investment analyst rated the stock with a conservation rating and three gave the company a buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $ 63.00.
NASDAQ: HURN shares opened at $ 50.82 on Thursday. The company has a leverage ratio of 0.49, a current ratio of 1.49, and a quick ratio of 1.49. Huron Consulting Group has a 12-month low of $ 42.92 and a 12-month high of $ 61.99. The 50-day moving average share price is $ 51.10. The company has a market cap of $ 1.11 billion, a price-to-earnings ratio of 42.71 and a beta of 0.83.
In other news from the Huron Consulting Group, CEO James H. Roth sold 17,000 shares of the company in a trade on Tuesday, September 7. The stock was sold for an average price of $ 48.95, for a total value of $ 832,150.00. Following the completion of the transaction, the CEO now owns 136,722 shares of the company, valued at approximately $ 6,692,541.90. The sale was disclosed in a file with the Securities & Exchange Commission, accessible through the SEC website. 2.13% of the shares are held by insiders.
A number of large investors have recently changed their positions in HURN. Price T Rowe Associates Inc. MD increased its stake in Huron Consulting Group by 111.5% in the second quarter. Price T Rowe Associates Inc. MD now owns 1,214,893 shares of the business service provider valued at $ 59,712,000 after purchasing an additional 640,341 shares during the period. Marshall Wace LLP purchased a new position in shares of Huron Consulting Group during the 3rd quarter valued at $ 5,639,000. Morgan Stanley increased its stake in Huron Consulting Group shares by 108.2% during the 3rd quarter. Morgan Stanley now owns 202,753 shares of the business services provider valued at $ 10,543,000 after acquiring an additional 105,378 shares during the period. SG Capital Management LLC purchased a new position in shares of Huron Consulting Group during the 2nd quarter valued at $ 4,945,000. Finally, Aristotle Capital Boston LLC increased its stake in the shares of Huron Consulting Group by 12.6% during the second quarter. Aristotle Capital Boston LLC now owns 808,966 shares of the business service provider valued at $ 39,761,000 after acquiring an additional 90,532 shares during the period. Hedge funds and other institutional investors hold 89.52% of the company’s shares.
Huron Consulting Group Company Profile
Huron Consulting Group, Inc. engages in the provision of operational and financial consulting services. It operates in the following business sectors: healthcare, business consulting and education. The Healthcare segment provides advisory services in the areas of healthcare transformation, financial and operational excellence, technology and analytics, and leadership development to national and regional hospitals and integrated healthcare systems. , academic medical centers, community hospitals and medical groups.
Featured Story: What is a CD Scale?
Get a Free Copy of Zacks’ Research Report on Huron Consulting Group (HURN)
For more information on Zacks Investment Research’s research offerings, visit Zacks.com
This instant news alert was powered by narrative science technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $ 1,000 in Huron Consulting Group now?
Before you consider Huron Consulting Group, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the larger market takes hold of… and Huron Consulting Group was not on the list.
Although Huron Consulting Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.
See the 5 actions here